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Best forex bonuses


Best fx bonus, best fx bonus.


Best fx bonus, best fx bonus.


Best fx bonus, best fx bonus.

No need to deposit to claim the bonus. Topfx - $50 no deposit bonus scheme


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Using the best forex bonus for boosting your account equity


Forex trading is an attractive money making opportunity that has taken the financial markets by storm. Unlike traditional forms of investing, FX trading does not require you to have massive amounts of capital to invest in the forex markets. Nevertheless, the forex retail trading offers numerous offers and attractive promotions to entice new traders into sampling the forex market without risking their own money. Promotions are offered in different forms, which are offered either as forex bonuses or as prize rewards. Some of the best forex bonus offerings in the market can match up to 200-300% of the initial deposit made by a trader, while other promotions include cash rebates, no deposit bonuses, seasonal gifts, free electronic gadgets, and more.
Reviewers do not generally endorse forex bonuses due to the various conditions associated with these promotions. Brokers are often stringent in their guidelines that limit the freedom for traders while handling their money. In fact, some brokers are known to actively block their clients’ trading capital until the traders meet the required bonus terms. We have witnessed a significant number of financial scams and several instances of consumer abuse that can be directly attributed to the bonus terms and conditions, which have led to a massive amount of negative reputation for the forex market as a whole.
Bonuses are not all that unattractive, as some of the top forex brokers offer great forex bonuses that are devoid of any challenging or uncompromising guidelines. These bonuses can help you to increase your trading capital without assuming any unwanted risks. A trader-friendly forex bonus package provides you with an incredible amount of leverage and the freedom to open trades with a higher trading capital. Professional traders consistently take advantage of the leading bonus offerings in the industry to increase their market exposure and enjoy more profits from their increased capital inflow. Forex offers can act as a great asset in FX trading, especially if you are aware of your rights as an investor and are proactive in exercising due diligence while making your initial deposit.



Why do brokers provide A forex bonus & how much?


Forex brokers generally provide bonuses as an incentive for signing up, which enables traders to test the company’ various FX products and services. Forex bonuses are not to be confused with a novelty feature, as these promotions are similar to the conventional rewards and gift programs that are commonplace in the retail consumer market. In forex trading, the gifts are replaced by tradable funds in the form of trading credits, which offer monetary compensation for making a deposit or for transacting the required number of lots in the market. The primary goal for any rewards-based program is to attract new customers, regardless of their geographical location or professional trading history.
Forex brokers offer bonuses that start at 5% of the initial deposit made to a trading account, which can go all the way up to 500% depending on the broker. Regulated brokers mostly stay away from any bonus programs due to the conflict of interest with their clients, but there are a few regulated FX companies that provide a bonus ranging from 10% to 50% of the deposit amount. Brokers may also offer bonuses and rewards for traders that are willing to switch their accounts to a new broker. However, it is highly interesting to note that bonuses are primarily reserved for new traders and customer acquisitions, with only a handful of companies opting to provide continued promotions for their existing clients and their additional deposits. The choice of your broker will ultimately decide the amount of bonus that qualifies for your deposit amount and the conditions associated with receiving such a bonus.


What are the different types of forex bonuses?


There are different categories of forex rewards and promotions that are designed to target a broad range of traders from various parts of the forex market. Here are some of the best forex bonuses that are popular among both brokers and retail forex traders:


Deposit bonus


The deposit bonus is a conventional forex bonus that is directly proportional to the trading capital deposited into a brokerage account. Brokers are very clear about the exact size of bonus that is available for a particular amount of deposit, which is usually measured in percentage terms. Some brokers might offer a fixed deposit bonus system according to their products portfolio, but for simplicity purposes, deposit bonuses are usually offered as a percentage of the initial deposit. Most regulated brokers offer a bonus in the range of 5-50%, while forex bonuses as high as 200-300% are not uncommon.


No deposit bonus


No deposit bonus is a bonus program that is offered to traders without stipulating any minimum deposit requirements. No deposit bonuses are small account boosters that are worth anywhere from $1 to $500, which in turn allow clients to test the platforms under real trading conditions without making a deposit. Regardless, most no deposit bonuses have very severe trading conditions when it comes to withdrawing profits. Almost all brokers usually don’t permit their clients to withdraw the bonus money, but there are a few companies that might allow partial or full withdrawal once the trader completes the required number of lots. Be careful about using these no-deposit bonuses if you are looking to make a deposit in the future, as there might be hidden conditions that might prevent you from withdrawing your own money without satisfying the broker-induced conditions.


Account transfer bonus


Account transfer bonus is an incentive program designed to help traders switch their brokerage accounts by transferring their funds from one broker to another. Several large and professional traders often make use of this type of bonus to increase their trading capital without actually investing in the markets. Some brokers offer as much as 25% bonus for transferring all of the funds from another broker to their own account, while traders can increase this bonus further by negotiating tactfully with the company representatives. Of course, this kind of bonus cannot be withdrawn directly, unless the trader transacts the minimum amount of volume in the markets to offset the broker’s bonus costs.


Loyalty program


Loyalty programs are designed to increase customer morale, especially for existing clients who have faced heavy losses in the market. Brokers understand the need for enticing traders with promotions and forex offers that will keep customers trading on the same platform, instead of moving on to greener pastures. Loyalty programs are often provided by high-quality FX brokers that are incredibly committed to the best in customer satisfaction. Mainstream forex brokers have different loyalty programs that are specifically tailored to individual client preferences.


Seasonal promotions


Seasonal promotions are a huge part of forex bonuses, especially during holidays and events that are accompanied by immense market volatility. Brokers try to cater to traders from different geographic locations by releasing seasonal bonus programs that are only available for a limited period. Seasonal FX bonuses are not as reliable as the traditional bonus programs, especially since most seasonal promotions might have expired by the time a trader comes to learn about it.


Cash back and rebates


Forex trading is an expensive financial product that has many associated fees of trading such as spreads, commissions, and swaps. During the course of a trading career, a trader will transact multiple times the amount of his or her trading capital, especially since most traders enter multiple positions and exit them at nominal profits or losses. The minimum margin requirements and higher leverage also give traders an opportunity to control large positions, which ultimately result in increased cost of trading. Brokers earn quite a significant chunk of these expenses, especially market maker brokers, who are known to profit from their clients’ losses.
Traders are provided an opportunity to sign up for cashbacks or rebates as part of their trading account, so as to create a sense of personalization and devotion among clients. These cashback features are often linked to loyalty programs, which increases according to the duration of trading and the magnitude of the trading account. Therefore, older clients that transact substantial volumes in the market will receive more money as cash backs, spread rebates, or outright cash rewards than newer clients. Such a move will ensure that existing customers will take advantage of these programs to earn more money in the long run.


Affiliate bonuses


Affiliate marketing is a large part of FX trading, especially in countries where forex brokers have a negligible presence. Affiliates and introducing brokers act as a company representative in lesser-known geographic locations, and are free to interact with the clients in accordance with the rules set forward by the broker. Therefore, affiliates and ibs sometimes enjoy a certain amount of freedom to stipulate bonuses, rewards, and other gifts to tempt traders into opening an account with the company. Affiliate bonuses can change from time to time and are not considered to be as reliable as a regular bonus.


VIP bonus


Institutional traders and professional investors receive custom-tailored VIP bonuses for making a large investment into a brokerage account. Unlike retail traders that deposit a few hundred or even thousands of dollars into a trading account, professional traders are known to trade with millions of dollars as trading capital. Brokers might attract these traders by offering a fixed return on these large trading funds, a hefty bonus, and even other types of rewards that will help larger traders to make the investment decision based on the benefits. However, professional traders are highly concerned about the security of their funds, and will not deposit money into a broker unless they are satisfied with the overall regulatory compliance and reliability of the company.


Electronic gadgets & gifts with redeemable points system


Another new concept in forex trading bonuses is a reward-based points system that qualifies traders to buy free electronic gadgets and other accessories by redeeming the points accumulated through trading and other financial transactions. Although this type of reward system is not as popular as the conventional FX bonus, a few brokers have experimented with this concept successfully. Electronic gadgets under these kinds of promotions can range from small media devices such as ipods to smartphones, tvs, laptops, tablets, and home theater systems.


Staying on top of seasonal forex offers


It is naturally very easy to find the best forex bonuses from brokers if they are offered to all clients regardless of any timeframe. However, brokers are known to introduce amazing new bonus programs and forex offers that are simply too good to be missed. These bonus packages are usually made available for limited period of time, which makes it important for traders to stay on top of these seasonal reward programs by signing up for relevant newsletters from brokers or affiliate partners. At bestfxbrokers.Com, we keep track of all the best FX bonuses provided by top forex brokers to offer you the best environment to grow your trading capital.


Top reasons to decline A forex bonus


Forex bonuses are common among FX brokers, but it does not mean that you have to accept them all the time. Forex bonuses have some limitations and drawbacks, which may hinder a good trading experience. Here are a few reasons why you should decline a FX bonus, immaterial of how attractive it may be:



  • If your broker imposes severe restrictions on your trading capital.

  • If the broker is not clear and transparent about its bonus terms and conditions.

  • If the broker offers you free money at the pretext of making a deposit that cannot be withdrawn for some reason.

  • If the broker lures you into FX trading by offering false or improbable promises.

  • If accepting a bonus forces you into over-trading or deviating from your trading strategy.

  • If you are dealing with a non-regulated forex broker.



Paying more attention towards the quality of A broker, rather than their forex bonus


While bonuses may seem like a smart choice for traders during the initial phase of their trading career, you should always pay close attention towards choosing a high-quality broker that is regulated by a reputed regulatory organization. You should realize the fact that the safety of your funds is more important than getting a bonus, regardless of how striking the bonus might seem to be. A regulated and reliable broker will always offer you a better trading environment, ensure better security for your funds, and an excellent return on your investment over the long haul than any other dubious broker that may promise insane bonuses at the time of opening an account.
Most reliable brokers that have many years of experience in the industry do not offer a bonus due to the very fact that a bonus can create rifts between the broker and the trader. For the same reason, regulatory organizations also keep a close watch on their member brokers to ensure that there are no financial disputes between the company and its clients due to external reasons such as bonuses and promotions. Yet, it does not spell disaster for traders that thrive on bonus, as you can find brokers that offer the best of both worlds without making any compromises on their customer-oriented approach.



Bonuses and incentives


The world of forex trading is very competitive. There are so many brokers to choose from it can be hard to know which one to choose. With so much competition, brokers have to make sure that their offering is exciting and enticing. To do this, they incentivise you with bonuses for opening an account and making a deposit.


There are lots of different deals and offers, and they vary greatly. Not only do the types differ but also the amounts. With one broker you may receive a fixed fee whereas others will offer a percentage of the deposit that you make. Then there are bonuses for the volume you trade and for continuing to make deposits.


But how do you choose your broker? For many, the bonus is an essential criteria and can be the deciding factor. We have tried and tested every forex broker to make sure that we only bring you the best and as bonuses are one of the critical criteria that we review you can be confident that we present you with the best that the industry has to offer.


In this article, you will learn:



    The different types of incentives and bonuses how a bonus can help you with your trading which types of bonuses you should choose


Top rated forex sites


Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.


Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.


The types of forex bonus


There are many different types of forex bonuses available. More commonly you will see a welcome, deposit, or no deposit bonus when you visit a forex broker site. We review and recommend brokers based on these main types however, there are much more available. Some brokers pride themselves on the fantastic incentives that they offer. Here's an explanation of what's available:


Deposit bonus


When you open a forex trading account and make a deposit, you often receive some free money. This can be either a fixed fee or a percentage of your deposit. The deposit bonus has to be traded several times before it can be withdrawn.


No deposit bonus


Get a fixed deposit reward without making a deposit. This type of incentive is perfect for new traders that don't want to risk their own money while getting used to trading. Sign up to an account, receive your bonus and start trading before you make a deposit and start trading with your cash.


Volume bonus


This is great for more experienced brokers or for those who plan to trade in large volumes. The offer works like a cashback as it offers cash rewards based on the amount you trade.


Reward bonus


A reward bonus is given as an acknowledgement of completing specific requirements. It isn't always cash however and can sometimes be training courses, books or other tools to help you improve your trading experience.


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Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.


Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.


What is the ideal bonus


The ideal offer depends on what you are looking for. Different people have different requirements. If you are a novice trader then we would recommend that you look for a "no strings attached", no deposit incentive. This will enable you to get started on your forex trading journey without losing your own money and becoming disheartened watching your balance go down as you make your initial mistakes.


You may not make many mistakes, and your trading may be successful from the outside but like anything it takes practice to become good at something. Now if you are a more experienced trader then your requirements may be different. If you are not concerned about the money going down, because you know it goes up as well then you may be better off looking for a broker that offers a volume or a cashback deal.


Deposit bonuses are also good, especially if you can find a broker that offers 100% match. You may have different priorities, and you may prefer a particular site because of the ease of use. In these cases you won't be so bothered by the bonuses on offer if it is though it is worth checking out who offers what.


How a bonus can help


Bonus money is great if you are new to trading. From the deposit bonus to the no deposit bonus, it can be used in several ways to help you with your forex trading including:



    Becoming familiar with the various trading charts and data getting used to a platform functions if you are a new trader building your capital, especially with a generous deposit bonus testing trading strategies and new currency pairs the no deposit bonus is an excellent way to test a new broker general practising so that you become a competent and successful trader


There are terms and conditions attached to these bonuses which you should be aware of. The money has to be traded a certain number of times before it can be withdrawn, this is often the equivalent to thousands of dollars. Sometimes brokers will insist on $10,000 being traded for every dollar.


There are other rewards offered by some brokers that don't include cash. These rewards are often in the form of access to education tools and even books on trading. While they may not have the same appeal for many as a cash bonus, they are equally as valuable in helping to improve your trading skills. Some brokers also offer loyalty rewards which convert to discount or trading funds.


It is essential to choose the bonus which suits you based on your level of experience and what you want to achieve. For new traders the no deposit bonus is perfect while for more experienced traders they prefer a generous deposit bonus.


Deposit bonuses are good especially if you can find a broker that offers 100% match.


How we find the best deals


We find the best deals so that you don't have to. Our experienced team are made up of successful traders and financial experts that have spent years working in this industry. They trawl the markets testing the various forex brokers and putting them through their paces. We don't recommend just anyone. Every broker has to pass a rigorous analysis and trading test for us to be comfortable to put our name to it.


Each site is tested for licensing and regulation, ease of use and their mobile trading features. One of our critical criteria is bonuses. You will see our checklists on each of our recommended broker ratings. We rate them based on how they score for each category, bonus being one of them. If this is what you are particularly interested in then you can compile a shortlist from our recommended brokers and decide which of the shortlist you wish to open an account and start trading with.


With so much information available to you from our experienced and diligent experts, you can start trading with your chosen broker with peace of mind that your money is in safe hands.



Top 10 best forex brokers with bonus and promotions for 2021


Top rated:






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Are you on the lookout for the best forex brokers with bonus and promotions to offer?


They can be tricky to find, but if the answer is yes, then you are certainly in the correct place. Here we will give you all of the information you need, not only on the top recommended brokers if you are looking for a bonus, but also what these promotions mean, and how they can best work to your benefit as a trader.


With that in mind, let’s take a closer look at the best brokers we have found that can offer bonus and promotions to you as a trader.


Are these bonuses really free money?


Although it may be hard to believe at first, it is true. The bonuses really are free money that is sent to your account by the broker. Now what is often asked is, can I withdraw these bonus funds?


Generally, the answer is yes with most top brokers. Their policy will vary though and in many cases, there are certain trading criteria that you must meet in order to withdraw the bonus funds from your account.


What should I check when choosing a bonus?


There are a couple of very important steps that you must run through when checking the bonus that you should choose, and the broker who is providing that bonus.


First off, it is vital that you read the terms and conditions carefully, so you know exactly what is on offer. Added to that, it is important to consider the whole offering of a broker. This means not only the bonus amounts, but what else they have to offer such as spreads, minimum deposits, and more.


Please note that the following bonuses may not be available in every country, and that brokers are not allowed to offer these to customers based in the EU or UK due to local regulatory restrictions. Read T&C before applying to a bonus.


Top 9 forex brokers with bonus and promotions


Here are the top 9 forex broker bonus and promotion offers we have found available:



1. FBS


FBS is the first broker to make our listing for having some of the top promotions and bonus offers in the industry. They are well-known as being a very respected broker around the world, and they have a huge amount of bonuses on offer.


At FBS you can win a wide range of prizes from holidays to new cars, and you can also double your deposit with the great FBS 100% deposit bonus they have in place. An FBS no deposit bonus is also available at no-risk at all to your funds as well as a cashback bonus if certain conditions are met. The FBS bonus offering continues to grow and expand with many contests and challenges also available where you can win cash, trips, and VIP event invites. They also run contests directly on social media like facebook where all you need to do is share posts with your friends. These are just some of the reasons why FBS is a top bonus broker for all traders.



XM is another top international broker, and one of the most easily recognizable in the industry. They too offer a strong range of bonuses and promotions. These start with an excellent $30 no deposit bonus which you can use for completely risk-free, real money trading.


Beyond this you will also find a deposit bonus of up to $4500 which means your deposit will be matched by the broker with free money up to this high value. Aside from those regular types of bonus offerings, XM also runs a lucky draw which has a huge total value of $1,000,000. As a regular trader with the broker you can also join their loyalty program which is points based. You can redeem these points through your trading actions to obtain a wide range of great benefits with the broker.


Please note that these bonuses may not be available with every XM entity



3. Instaforex


Instaforex is the next broker to make the top list of brokers providing bonuses and promotions. They too are very well-trusted by a broad range of traders across the industry. They start their bonus offering with one of the very best no deposit bonus offers in the sector. This is the instaforex $1,000 no deposit bonus.


Further to this monster bonus offer, the broker also provides a deposit bonus of 30% so you can always receive an additional 30% on top of your initial deposit as risk-free bonus funds to trade with the broker. Added to this, instaforex makes a huge range of contests and challenges available where you only need to have a demo account to participate and win. Here you can win a great range of physical prizes including cars, money, and much more.



4. Fxopen


The next broker on the list offering top promotions and bonuses is fxopen. They kick their bonus offering off with a $10 no deposit bonus. This is great if you are new to trading and looking to try out the broker with no risk at all to your own money.


Another great offer for beginners is the $1 welcome bonus on micro accounts. This makes sure you are covered to trade with free money, even at lower risk levels. Like many of the other brokers they also provide access to a large number of trading contests with a unique prize attached. This prize is that if you reach a certain benchmark of profit in the contest with virtual funds, they will then turn 10% of these funds into real money for you to trade with. A very attractive bonus proposition indeed from this popular broker.



5. Roboforex


Roboforex are in on the act too as another respected top broker offering bonuses and promotions to their traders. The excellent bonus infrastructure here starts with a deposit bonus that can be either 10%, 60%, or a huge 120% depending on how much you are depositing.


The offers do not stop there with roboforex either. Just for joining the broker, you will be entitled to a $30 welcome bonus. This can be used for completely risk-free trading on the markets of your choice. You will also be entered into weekly and monthly contests which are free to enter but where you can win real prizes on both demo, and live accounts. Regular traders are not forgotten either with cash rebates stretching up to 15% based on how much you trade.



6. Hotforex


Hotforex are one of the cornerstones of the industry and regularly feature as a top broker in many listings. They too have a very strong bonus infrastructure though it may not be available in every country the same. This is particularly true in europe.


Outside of that though, their offer is strong. They provide a number of unique bonuses the first of which is a 100% credit bonus. This acts to double your deposit with completely free bonus funds. They also offer a very unique 30% rescue bonus. This bonus protects your funds from drawdowns up to $7,000. The 100% supercharged bonus is one of their most popular though. This provides for a huge amount in cash rebates that can reach up to $8,000, on top of a 100% deposit bonus. All of these great offerings maintain hotforex as a very popular bonus broker of choice.


Please note that these bonuses may not be available with every XM entity



7. Octafx


Octafx is another popular, and rapidly growing name in the sector. They are not stepping back when it comes to offering a bonus either. If you are trading with this broker, the first thing you may want to try out are some of the demo account contests.


These great contests come with prizes of up to $500 real cash if you are trading through metatrader, and $150 if you are using ctrader. If these pique your interest, then you can decide to deposit for real, and benefit more from a 50% deposit bonus which is on offer. On top of this, there are many other prizes including merchandise to be won from a broker who is strong, trusted, and growing all the time.



8. FXTM


FXTM is one of the biggest names in the industry. They have also not forgotten a strong bonus infrastructure, and for this reason, they too feature on our list of the best brokers for bonus offers and promotions.


At the core of the FXTM bonus offering is their excellent loyalty program. Here, the more you trade, the more you can get paid. At the maximum level you have the ability to earn as much as $10,000 from the program. Also offered by the broker are a great range of both demo and live trading contests where you can compete against your fellow traders to win top prizes.



9. Vantage FX


Vantagefx is next in our selection of the best forex brokers who offer a good range of bonus systems. Here you will be able to take advantage of a 50% deposit bonus that will allow you to trade risk-free with bonus cash from the broker based on how much you deposit.


Vantagefx also offers a great and very rewarding loyalty program where you can avail of 10% rebates on your trades up to $2 per lot traded when you deposit at least $1,000. With the broker and this program, there is no limit on the trade size at all. The higher the lot size you trade, the higher your bonus will be.


Different type of bonuses


When choosing your forex broker bonus, it is also important to keep in mind that there are many different bonus types available. Here is a more detailed look at exactly the kind of bonuses that are offered by brokers:


Forex deposit bonus: the forex deposit bonus is a certain amount of money offered as a bonus based on the amount which you deposit. In the case of many brokers, this can mean matching your deposit amount with an equal bonus amount.


Forex no deposit bonus: A forex no deposit bonus, as you might gather from the name, is a bonus which is offered to you with no deposit required. In most cases, you simply have to complete the registration process. This money is free and can be used in real trading at no risk to your own money.


Welcome forex bonus: the welcome bonus can be similar to a no deposit bonus. You will get a bonus money amount for completing registration, and in some cases based on the amount of your first deposit.


Loyalty program: A forex broker loyalty program, just like any other, is usually based on how much you use the service. In this case, the more you trade, the more you will be rewarded by such programs. These rewards could come in the form of lower trading costs, additional premium trade tools, physical prizes, access to live events and meetings, and much more.


Points system: the forex broker point systems can also be based on loyalty programs. With these systems, the more you trade, the more points you will earn. These points can then be used to access monetary prizes, cars, vacations, and more.


Cash back and rebates: cash back and rebate programs are also a very common form of bonus. Just as the name suggests, with this form of bonus, you can earn money back for each lot you trade.


Money protection bonus: this is not a very common form of forex broker bonus, though it exists, nonetheless. This kind of bonus from your broker actually protects your funds from reaching a certain negative level, and in some cases, anything beyond this negative point can be refunded.


Forex contest prize: there are a wide range of brokers who organize contests which you can participate in with virtual funds against other traders. If you win some of these contests through making the most profit from virtual funds, then you can win all kinds of great prizes including cash, cars, and more.


Why do brokers offer forex no-deposit bonuses and other bonuses?


There are several reasons why your broker may offer a no deposit, or other type of bonus. One of the primary reasons for this is to create value for you as a trader, and to attract new traders to the industry and that broker.


This method is accepted in many parts of the world, though not in europe. Within the EU, the offering of the majority of these kinds of bonuses is not allowed by the regulator. ESMA does this in a large part to protect beginners from getting involved in trading without the proper knowledge and ultimately losing their money.


Tips on how to choose a bonus and a broker


If you are thinking about choosing a forex broker, the bonus is just one element of this choice, and it should not be a large factor in your decision-making process. First and foremost, you have to choose a broker who is trustworthy, and well-regulated. Luckily all of the brokers on our listing are both of these things.


Once you have done this, then you can think about the bonus they are offering, but do not make your choice based on the broker bonus alone. You have to consider all of your trading needs. In this case, you may want to try out a broker first. This would be a great time to select a no deposit bonus broker so you can try out their real trading at no risk to you.



Best forex bonus


What is A bonus?


The overall forex industry is a highly competitive one with forex brokers struggling to gain as many clients as possible since a broker is gaining from commissions from the trades a client makes. One way to continuously attract customers is to offer them forex promotions.


When it comes to the overall forex trading industry, the retail part of it, this means ordinary traders, not institutions, represent only around five percent of the overall market. Forex broker is a middle man between the forex market and the retail trader, giving him the possibility to access this huge market.


Competition


It is well known that the competition between brokers is an aggressive one as all forex brokers are struggling to gain as big a share of clients out of that five percent estimation. Therefore, they are competing in offering all kind of things to attract new clients, like forex bonuses.


A forex bonus represents an incentive for a retail trader to open an account with that specific broker that is offering it. There are multiple reasons why a broker wants to give you free money in your trading account, and before accepting a forex bonus, one should look for best bonus forex brokers available and chose from that list.


Free forex bonuses


Firstly, by giving you free money in your trading account, a broker knows that you will become familiar with the trading platform. Even if you will lose the amount offered as a bonus, it is more likely that you’ll continue to trade in the future or at least be interested in doing that.


No deposit bonuses


If you already have an account opened at that broker, guess what will be the broker you’re going to deposit real money with? The one that offered the bonus in the first place, so there’s no need to waste time online searching for forex bonus deals anymore.


Secondly, by opening an account with a broker with the purpose of taking part in their bonus campaign, one gives the broker the opportunity to use his data for future marketing campaigns as it is clear that you have an interest in trading the forex market. This is a common practice among brokers that are offering a top FX bonus. This is why clients need to carefully read terms and conditions before accepting the bonus if they do not want to take part in future marketing campaigns.


If you are looking for the best free forex bonuses, we advise you to put your attention on these ones:


Types of FX bonuses


Last but not least, if you search for the best FX bonus, you’ll find out that that are multiple types of bonuses a forex broker can offer. Different types of bonuses are made since they appeal to different types of people. Since personalities are different and what works for someone is not working for another one, so a bonus may be appealing to a person while another person finds it useless.


What makes the best forex bonus?


When you look for the best forex bonus a broker can offer, you have to know that the most unpopular one is the forex pending bonus. This type of bonus cannot be used for trading right away. The one needs to trade with their deposited money first and complete the trading requirements for clearing the bonus before receiving it. For example, the broker will offer you a bonus based on the number of lots traded in a specific amount of time. After that trading volume is achieved, the bonus will be cleared, and you will be able to use the money as you wish, either further trading with it or making a withdrawal.


Deposit bonus


Such bonus means that a deposit is expected from the trader’s end, so this is the reason why they are not so popular.


One way to find out what other types of forex bonuses are there is to look for bonus forex reviews and usually these are to be found on trading related forums. Human nature is very complex, and people have the tendency to look for quick earnings with as little effort as possible. Looking at forex related forums will give you an idea of what trading is and learning from other people’s experiences is a great way to form an educated guess regarding best bonus forex brokers overall.


Another appreciated forex bonus is the so-called forex instant bonus. Like the name suggests, a bonus is instantly added to your trading account, and you can start trading with it immediately, in the sense that you can use the supplementary leverage it offers.


It has a great appeal to traders as, for example, on a $5000 deposit, if the instant bonus is 20% of the first deposit, the trading account will be credited with $6000 immediately. The trading account at this moment of time will have 20% the broker’s money, and the rest represents your initial deposit.


Bonus withdrawal


However, it is not possible to withdraw the bonus unless a specific trading volume has been made. This, coupled with the fact that the bonus is attached to your first real-money deposit, doesn’t make it a best forex bonus type.


The no deposit bonus is indeed the one, and only bonus traders are looking for as like the name suggests, there is no need to deposit any money while taking advantage of the bonus. It has a great appeal to traders and as a matter fact to brokers as well as personal data will be used for future marketing campaigns as well as traders getting used to the trading platform and conditions the broker offers.


The biggest advantage here is the fact that if gives the experience of trading with real money, basically for free. There is a huge difference between trading on a demo account and trading on a real one as emotions are influencing the decision, and this is a good way to practice.


Reload bonus


Last but not least, the reload bonus is usually being offered when the initial deposit and the initial bonus were lost, and the broker comes with this offer, basically offering another bonus if a new amount of money is going to deposit for trading.


It is a two-way street here as on one hand the trader should have already the experience from the initial deposit and this time definitely will trade more conservative, probably using money management rules that were not respected on the first attempt. If that is the case, then why not accepting the reload bonus?


Things to look for


The brokers that are offering this kind of bonus are aggressive in selling but still good enough to fit in the best bonus forex brokers category.


Experience needed


Probabilities favour greatly that the first time a trader opens an account he/she knows little about trading and chances are the money will be lost. From this point of view, it is a wise thing to look for forex bonuses as it is like a free lesson offered by the broker and it is easier to access the market with real money and feels the experience rather than trading a demo account.


Not that trading with a demo account is wrong, no. It is a good thing, but at one moment of time one needs to make the move from trading a demo to a real account, and this is where best bonus forex brokers are targeting: to get these clients.


It should be mentioned here that the biggest hurdle in clearing the bonus is the trading volume needed for that to happen. That is not an easy task as the broker will make sure will have the minimum requirement quite high as if it gives you free money to trade with, then it should not be that easy for the bonus to be cleared.


But this should not be viewed as a disadvantage as the main purpose of the bonus is to have more leverage to trade and to attract traders to the real trading environment and leave the demo trading.


Personalities


In a way, looking at the type of bonuses best bonus forex brokers are offering, one is seeing the type of trading personalities that are there. Aggressive traders can go as aggressive as they want with the no deposit bonus, as there is no risk of losing their money, while conservative traders have the opportunity to trade on the cautious side after accepting a reload bonus.


All in all, there is clearly a need for these bonuses when it comes to the offering of a broker and hopefully in time brokers will become more inventive, and other types of forex bonuses will be offered.


It will only add to the competitiveness of the industry and to the chase for the customer/trader that is going to trade constantly as the main bulk of a broker’s revenues is coming from commissions and these commissions are coming only if a trader goes on and trades on a constant basis.


There are of course many other areas forex brokers are competing for clients, but the bonuses arena is probably the most competitive one.



Expose what is the meaning of forex no deposit bonus. You gain a real forex trading account with original money on it no deposit required from your side


Youвђ™re probably interested in forex live trading. It is a good way to increase your wealth if you have the right skills and knowledge about the industry as a whole. However, itвђ™s worth to mention that there are a lot of pitfalls in forex trading. If you fail to become an expert in trading before investing large sums of money in it, you may be leading yourself towards financial ruin.


Now, sure, you have read dozens of articles on forex and how to make a profit on it. You have seen dozens of people talk about their immense fortunes earned by trading. What you havenвђ™t seen is thousands of people who only suffered losses when they started trading. Donвђ™t become one of them, trade with skill.


You canвђ™t get experience unless you fail. But how do you get trading skills if you donвђ™t want to lose your own money to learn? The answer is to get a no deposit forex bonus on a forex trading platform.


It is a free bonus (no deposit required) with no deposit required and no strings attached. You just have to register to get anywhere from $30 to $500 for free to get you started in trading. Make sure you don't waste the money and work hard to learn the basics.


Is bonus with no deposit on forex a scam?


While the industry has seen some fraudulent projects, most places that offer trading bonuses with no deposit are trustworthy. The thing is there are so many trading platforms that they have to compete against each other to win new paying customers. Giving away some free money for you to learn how to trade is only beneficial for them.
Profit from their offers. Browse the list of trading platforms that offer no deposit bonuses and chose the most beneficial option fo you.


Get Free $30 from Profitto No Deposit Welcome Bonus


Get Free $30 Forex No Deposit Welcome Bonus on HotForex


$30 Christmas No Deposit Forex Welcome Bonus from JustForex


Waited for Free No Deposit Forex Bonus $100 from FortFS


Take an amazing $35 Reception Trading Bonus on FortFS


Forex no deposit bonus is risk free and deposit free bonus. You don’t need any deposit, the broker will give you bonus after opening a new account. Just you need to register with a forex broker and verify your account. Then you can start your live trading.


This how forex broker makes their potential client. Forex broker utilizes no deposit bonuses to pull in new customers, particularly in the event that they are new brokers, to expand their demographic as quickly as conceivable which is the reason they offer such free rewards.


Presently, forex trading becoming more popular, so there are too many traders and they want to start deposit free welcome mean no deposit bonus. Luckily, there is various forex broker offering no deposit bonus for beginners. They offer amazing bonuses, often $5 USD to 100 USD.


How free bonus is important?


Most of the brokers offering bonus. In any case, the greater part of them is unregulated. They are doing it is a great way to find new clients and they can’t find another good way. But regulated forex broker is good they offer some good bonuses for a newbie to familiar with live trading and their trading platform. We reviewed unregulated forex broker offer a free bonus with too many conditions and trading period is very short like 15 days, 20 days maximum 30 days, also you can’t withdraw the bonus, you have to trade required standard lot volume within a short time. Also, you fell trouble with leverage, the maximum amount of withdrawing and withdrawal method and other things. Then?


However, forex free reward is significant for currency traders. A regulated broker always offers a good bonus with some easy conditions to familiar with them. I think finding a trustable broker is important, so a beginner can join with a regulated broker bonus and they have to check some important factors like leverage, speared, fees and commissions and other things. One other thing is a security issue and trading platform.


So you already got it free bonus is important and joining with a regulated broker is better.


In this case, if you are a newbie in this forex trading market, obviously you can start with a free no deposit bonus. Forex is an extremely entangled and professional market, you need some experience to success on trade. In this case, if you are new in the FX market, utilizing a free reward can enable you to make some profit and increase some knowledge on how the market actually work you can make money more.


When you get familiar with your way (strategy, techniques), you don’t need the free reward again. You'd have the option to trade and make plenty of benefits by live trading. Moreover, experience traders, sometime takes a free bonus to multiply their profit and test a new strategy.


Terms and conditions for free forex bonuses


The different broker set different terms and conditions. There are a lot of terms and conditions in a free bonus, some terms and conditions are really hard. Like you have to trade a certain number of standard lot volume to withdraw profit. But there have also some good trader they regularly making money with this free bonuses. They use tricky techniques, they always hunt bonus presenting a website to choose an amazing bonus. The choose bonus then joins, start trading make some money, and build up their special strategy.


On the other hand, some other brokers will give you one time to withdraw conditions. Some will ask to deposit for withdrawing and some will say to start live trading and internal transfer your amount.


Discover more about the free bonuses


You have learned a lot already from here, but sometimes beginner asks some question us this like:


Is forex free bonus is a welcome bonus?


Actually, most of the time broker gives the bonus after joining with them so you can say it is forex welcome bonus.


Also, some reputed broker gives a bonus to their old clients and new clients, its deposit bonus like a 20% deposit bonus. Example: a trader after deposit $100 the broker will give $20 and the trader will able to trade with $100.


Does forex broker give no deposit bonus without verification?


Yes! Usually, a broker doesn’t provide the free bonus without verification. First things you need to fill-up at least your name and email, you have to confirm your email id for the complete creation of account.


Usually, the broker wants some individual data like ID card, passport or utility document after opening or before withdrawing profit.


But sometimes it happens that forex broker offers no deposit bonus without any verification.


Can I make money with a free bonus?


Why not? The broker gives the bonus to trade on the real market. It totally depends on you, if you can make some profit it’s obviously yours. But we suggest free bonus for newbie and learn something and for familiar with real market trading and for preparing themselves for the future.


So you can make with free bonus and withdraw it after meeting the terms and conditions.


What is the best thing in a free bonus?


The best thing is if you have a no fund you can start live trading, you can learn new thing and if you can make some profit further you can trade it with a forex deposit bonus that will boost your trading capital.


So you have to start with a free bonus wisely.


Conclusion


Forex no deposit or deposit free trading bonus is a kind of blessing for a newbie, they can start live trading with it easily. Here is some good opportunity will help you to take a decision to choose a free bonus.



  • You can start live trading without any deposit

  • You can change your broker platform of a broker

  • You can earn some money and grow your confidence



You can change your trading instruments (currency pair, stocks, indices, share, commodities, and crypto currency)


You can start trade without pressure and risk free


You can develop your trading plan, strategy, and pattern


So you may say the free bonus is a really good opportunity to learn real forex trading, familiar with live trading environment and prepare yourself to take the challenge (forex trading contest)



Best fx bonus


Deposit bonus – A bonus on funding a live account. The bonus credited on percentage of the deposit amount.


No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.


Tradable bonus: A deposit bonus that can be lost and traded as the part of your trading equity.


Volume bonus – most common type of deposit bonus, it allows you to increase your trading volume. Often the bonus can be cashed on trading lot requirement.


Forex gift – A gift for the clients for completing certain requirements, everything from bonus to latest gadget


Freebies – free stuff by forex brokers like ebook, courses, trading materials etc.


Rebate – cash-back withdrawable bonus on each lot traded.


Demo contest – contests held on demo account, win cash/tradable money with no-risk involve!


Live contest – contest held on live account, deposit requires. Win bigger cash/prizes.


Refer – a-friend– refer your friend to your broker, when your friend deposit you will get a special bonus


Free signals – get free trading signals from the broker.


Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.


Binary options – binary bets trading on forex instruments


Forum posting: get a small trading bonus for each of your post in forms.


3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.


Draw bonus: the winners chosen by a draw


Seminars webinars: find the schedule to participate in the online/offline events.


Expos events: inviting to attend the forex events & expos globally.



Top 10 best forex brokers with bonus and promotions for 2021


Top rated:






forex-broker-bonus-promotions


Are you on the lookout for the best forex brokers with bonus and promotions to offer?


They can be tricky to find, but if the answer is yes, then you are certainly in the correct place. Here we will give you all of the information you need, not only on the top recommended brokers if you are looking for a bonus, but also what these promotions mean, and how they can best work to your benefit as a trader.


With that in mind, let’s take a closer look at the best brokers we have found that can offer bonus and promotions to you as a trader.


Are these bonuses really free money?


Although it may be hard to believe at first, it is true. The bonuses really are free money that is sent to your account by the broker. Now what is often asked is, can I withdraw these bonus funds?


Generally, the answer is yes with most top brokers. Their policy will vary though and in many cases, there are certain trading criteria that you must meet in order to withdraw the bonus funds from your account.


What should I check when choosing a bonus?


There are a couple of very important steps that you must run through when checking the bonus that you should choose, and the broker who is providing that bonus.


First off, it is vital that you read the terms and conditions carefully, so you know exactly what is on offer. Added to that, it is important to consider the whole offering of a broker. This means not only the bonus amounts, but what else they have to offer such as spreads, minimum deposits, and more.


Please note that the following bonuses may not be available in every country, and that brokers are not allowed to offer these to customers based in the EU or UK due to local regulatory restrictions. Read T&C before applying to a bonus.


Top 9 forex brokers with bonus and promotions


Here are the top 9 forex broker bonus and promotion offers we have found available:



1. FBS


FBS is the first broker to make our listing for having some of the top promotions and bonus offers in the industry. They are well-known as being a very respected broker around the world, and they have a huge amount of bonuses on offer.


At FBS you can win a wide range of prizes from holidays to new cars, and you can also double your deposit with the great FBS 100% deposit bonus they have in place. An FBS no deposit bonus is also available at no-risk at all to your funds as well as a cashback bonus if certain conditions are met. The FBS bonus offering continues to grow and expand with many contests and challenges also available where you can win cash, trips, and VIP event invites. They also run contests directly on social media like facebook where all you need to do is share posts with your friends. These are just some of the reasons why FBS is a top bonus broker for all traders.



XM is another top international broker, and one of the most easily recognizable in the industry. They too offer a strong range of bonuses and promotions. These start with an excellent $30 no deposit bonus which you can use for completely risk-free, real money trading.


Beyond this you will also find a deposit bonus of up to $4500 which means your deposit will be matched by the broker with free money up to this high value. Aside from those regular types of bonus offerings, XM also runs a lucky draw which has a huge total value of $1,000,000. As a regular trader with the broker you can also join their loyalty program which is points based. You can redeem these points through your trading actions to obtain a wide range of great benefits with the broker.


Please note that these bonuses may not be available with every XM entity



3. Instaforex


Instaforex is the next broker to make the top list of brokers providing bonuses and promotions. They too are very well-trusted by a broad range of traders across the industry. They start their bonus offering with one of the very best no deposit bonus offers in the sector. This is the instaforex $1,000 no deposit bonus.


Further to this monster bonus offer, the broker also provides a deposit bonus of 30% so you can always receive an additional 30% on top of your initial deposit as risk-free bonus funds to trade with the broker. Added to this, instaforex makes a huge range of contests and challenges available where you only need to have a demo account to participate and win. Here you can win a great range of physical prizes including cars, money, and much more.



4. Fxopen


The next broker on the list offering top promotions and bonuses is fxopen. They kick their bonus offering off with a $10 no deposit bonus. This is great if you are new to trading and looking to try out the broker with no risk at all to your own money.


Another great offer for beginners is the $1 welcome bonus on micro accounts. This makes sure you are covered to trade with free money, even at lower risk levels. Like many of the other brokers they also provide access to a large number of trading contests with a unique prize attached. This prize is that if you reach a certain benchmark of profit in the contest with virtual funds, they will then turn 10% of these funds into real money for you to trade with. A very attractive bonus proposition indeed from this popular broker.



5. Roboforex


Roboforex are in on the act too as another respected top broker offering bonuses and promotions to their traders. The excellent bonus infrastructure here starts with a deposit bonus that can be either 10%, 60%, or a huge 120% depending on how much you are depositing.


The offers do not stop there with roboforex either. Just for joining the broker, you will be entitled to a $30 welcome bonus. This can be used for completely risk-free trading on the markets of your choice. You will also be entered into weekly and monthly contests which are free to enter but where you can win real prizes on both demo, and live accounts. Regular traders are not forgotten either with cash rebates stretching up to 15% based on how much you trade.



6. Hotforex


Hotforex are one of the cornerstones of the industry and regularly feature as a top broker in many listings. They too have a very strong bonus infrastructure though it may not be available in every country the same. This is particularly true in europe.


Outside of that though, their offer is strong. They provide a number of unique bonuses the first of which is a 100% credit bonus. This acts to double your deposit with completely free bonus funds. They also offer a very unique 30% rescue bonus. This bonus protects your funds from drawdowns up to $7,000. The 100% supercharged bonus is one of their most popular though. This provides for a huge amount in cash rebates that can reach up to $8,000, on top of a 100% deposit bonus. All of these great offerings maintain hotforex as a very popular bonus broker of choice.


Please note that these bonuses may not be available with every XM entity



7. Octafx


Octafx is another popular, and rapidly growing name in the sector. They are not stepping back when it comes to offering a bonus either. If you are trading with this broker, the first thing you may want to try out are some of the demo account contests.


These great contests come with prizes of up to $500 real cash if you are trading through metatrader, and $150 if you are using ctrader. If these pique your interest, then you can decide to deposit for real, and benefit more from a 50% deposit bonus which is on offer. On top of this, there are many other prizes including merchandise to be won from a broker who is strong, trusted, and growing all the time.



8. FXTM


FXTM is one of the biggest names in the industry. They have also not forgotten a strong bonus infrastructure, and for this reason, they too feature on our list of the best brokers for bonus offers and promotions.


At the core of the FXTM bonus offering is their excellent loyalty program. Here, the more you trade, the more you can get paid. At the maximum level you have the ability to earn as much as $10,000 from the program. Also offered by the broker are a great range of both demo and live trading contests where you can compete against your fellow traders to win top prizes.



9. Vantage FX


Vantagefx is next in our selection of the best forex brokers who offer a good range of bonus systems. Here you will be able to take advantage of a 50% deposit bonus that will allow you to trade risk-free with bonus cash from the broker based on how much you deposit.


Vantagefx also offers a great and very rewarding loyalty program where you can avail of 10% rebates on your trades up to $2 per lot traded when you deposit at least $1,000. With the broker and this program, there is no limit on the trade size at all. The higher the lot size you trade, the higher your bonus will be.


Different type of bonuses


When choosing your forex broker bonus, it is also important to keep in mind that there are many different bonus types available. Here is a more detailed look at exactly the kind of bonuses that are offered by brokers:


Forex deposit bonus: the forex deposit bonus is a certain amount of money offered as a bonus based on the amount which you deposit. In the case of many brokers, this can mean matching your deposit amount with an equal bonus amount.


Forex no deposit bonus: A forex no deposit bonus, as you might gather from the name, is a bonus which is offered to you with no deposit required. In most cases, you simply have to complete the registration process. This money is free and can be used in real trading at no risk to your own money.


Welcome forex bonus: the welcome bonus can be similar to a no deposit bonus. You will get a bonus money amount for completing registration, and in some cases based on the amount of your first deposit.


Loyalty program: A forex broker loyalty program, just like any other, is usually based on how much you use the service. In this case, the more you trade, the more you will be rewarded by such programs. These rewards could come in the form of lower trading costs, additional premium trade tools, physical prizes, access to live events and meetings, and much more.


Points system: the forex broker point systems can also be based on loyalty programs. With these systems, the more you trade, the more points you will earn. These points can then be used to access monetary prizes, cars, vacations, and more.


Cash back and rebates: cash back and rebate programs are also a very common form of bonus. Just as the name suggests, with this form of bonus, you can earn money back for each lot you trade.


Money protection bonus: this is not a very common form of forex broker bonus, though it exists, nonetheless. This kind of bonus from your broker actually protects your funds from reaching a certain negative level, and in some cases, anything beyond this negative point can be refunded.


Forex contest prize: there are a wide range of brokers who organize contests which you can participate in with virtual funds against other traders. If you win some of these contests through making the most profit from virtual funds, then you can win all kinds of great prizes including cash, cars, and more.


Why do brokers offer forex no-deposit bonuses and other bonuses?


There are several reasons why your broker may offer a no deposit, or other type of bonus. One of the primary reasons for this is to create value for you as a trader, and to attract new traders to the industry and that broker.


This method is accepted in many parts of the world, though not in europe. Within the EU, the offering of the majority of these kinds of bonuses is not allowed by the regulator. ESMA does this in a large part to protect beginners from getting involved in trading without the proper knowledge and ultimately losing their money.


Tips on how to choose a bonus and a broker


If you are thinking about choosing a forex broker, the bonus is just one element of this choice, and it should not be a large factor in your decision-making process. First and foremost, you have to choose a broker who is trustworthy, and well-regulated. Luckily all of the brokers on our listing are both of these things.


Once you have done this, then you can think about the bonus they are offering, but do not make your choice based on the broker bonus alone. You have to consider all of your trading needs. In this case, you may want to try out a broker first. This would be a great time to select a no deposit bonus broker so you can try out their real trading at no risk to you.





So, let's see, what we have: forex NO DEPOSIT bonus - newest no-deposit bonuses from forex brokers in 2021. Forex no deposit bonus to a live account - free! Profits can be withdrawn without a deposit! At best fx bonus

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